Main Street Parity Act
Main Street Parity ActThis bill lessens the financing requirements for certain Small Business Administration loans to small businesses for plant acquisition, construction, conversion, or expansion, including the acquisition of land. Specifically, the bill reduces the amount of equity a borrower must provide by 5% of the total cost for loans for limited or single-purpose properties.
Building construction
ECONOMIC DEVELOPMENT
Commerce
Small business
Government lending and loan guarantees
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{# E23 (Nick, ruling section 1 answer 10): quoting a bill or a court opinion works
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